{"id":501,"date":"2025-09-06T11:29:52","date_gmt":"2025-09-06T11:29:52","guid":{"rendered":"https:\/\/globaltalenthq.com\/?p=501"},"modified":"2025-09-08T18:36:28","modified_gmt":"2025-09-08T18:36:28","slug":"trump-threatens-eu-over-unfair-3-5bn-google-fine","status":"publish","type":"post","link":"https:\/\/globaltalenthq.com\/index.php\/2025\/09\/06\/trump-threatens-eu-over-unfair-3-5bn-google-fine\/","title":{"rendered":"Trump threatens EU over \u2018unfair\u2019 $3.5bn Google fine"},"content":{"rendered":"
Brussels earlier accused the US company of anti-competitive practices in the ad tech market<\/strong><\/p>\n US President Donald Trump has threatened the EU with a probe that could lead to higher tariffs after the bloc fined Google for violating antitrust laws.<\/p>\n The European Commission on Friday ordered the US company to pay a €2.95 billion ($3.5 billion) fine for allegedly abusing its dominant position in the advertising technology market by favoring its own display services.<\/p>\n Regulators said the practice allowed Google to charge high fees, harming rivals and online publishers. The company was told to stop the “self-preferencing”<\/em> practices, address conflicts of interest, and present a compliance plan within 60 days or face further penalties.<\/p>\n Trump blasted the ruling in a post on Truth Social, calling it “unfair”<\/em> and “discriminatory.”<\/em><\/p>\n \n Read more<\/strong><\/span><\/p>\n <\/em><\/p>\n “Europe today hit another great American company, Google, with a $3.5 Billion Dollar fine, effectively taking money that would otherwise go to American Investments and Jobs,”<\/em> he wrote.<\/p>\n “We cannot let this happen to brilliant and unprecedented American Ingenuity and, if it does, I will be forced to start a Section 301 proceeding to nullify the unfair penalties.”<\/em><\/p>\n Section 301 of the 1974 Trade Act allows Washington to penalize foreign countries for practices deemed harmful to US commerce, including through tariffs.<\/p>\n Trump has criticized the EU for targeting US tech giants with privacy and antitrust rules stricter than those in America. His latest warning comes weeks after securing a trade deal that imposed a 15% tariff on most EU exports while scrapping tariffs on US industrial goods. The deal drew backlash from EU officials, who said it favored Washington.<\/p>\n Google rejected the commission’s ruling and vowed to appeal.<\/p>\n \n Google reported $264.6 billion in ad revenue in 2024 – 75.6% of its total income – cementing its status as the world’s largest advertising firm. The latest fine is the fourth penalty the EU has levied against it since 2017. Google also faces a trial in the US later this month over a separate Justice Department case<\/a> in which a judge found it held illegal monopolies in online advertising technology.<\/p>\n","protected":false},"excerpt":{"rendered":" Brussels earlier accused the US company of anti-competitive practices in the ad tech market US President Donald Trump has threatened the EU with a probe that could lead to higher tariffs after the bloc fined Google for violating antitrust laws. The European Commission on Friday ordered the US company to…<\/p>\n
\n READ MORE: <\/span>Trump has handed EU \u2018a brutal wake-up call\u2019 \u2013 ex-ECB chief
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